Ireland posted a current account surplus of EUR 7.1 billion in the fourth quarter of 2020, compared with a EUR 28.6 billion deficit in the same period last year. The goods surplus widened to EUR 34.2 billion from EUR 29.2 billion a year ago, while the services gap shrank to EUR 5.6 billion from EUR 37.3 billion. Meanwhile, the primary income deficit increased slightly to EUR 20.4 billion from EUR 19.8 billion, and the secondary income gap advanced to EUR 1.1 billion from EUR 0.7 billion. Considering 2020 full year, Ireland recorded a EUR 16.9 billion surplus, compared with a EUR 40.4 billion deficit in 2019. source: Central Statistics Office Ireland
Current Account in Ireland averaged -350.86 EUR Million from 1981 until 2020, reaching an all time high of 14395 EUR Million in the third quarter of 2017 and a record low of -32602 EUR Million in the second quarter of 2019. This page provides - Ireland Current Account - actual values, historical data, forecast, chart, statistics, economic calendar and news. Ireland Current Account - data, historical chart, forecasts and calendar of releases - was last updated on May of 2021.
Current Account in Ireland is expected to be 4500.00 EUR Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Current Account in Ireland to stand at 2960.00 in 12 months time. In the long-term, the Ireland Current Account is projected to trend around 1620.00 EUR Million in 2022, according to our econometric models.